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Dubai / EMIRATES BUSINESS Businesses in the Middle East and Africa region are increasingly looking at sustainable solutions for data management to accelerate decision-making processes, ensure high-levels of data security, and manage workloads. A recent study by Accenture predicts that an effective implementation and use of digital technology can boost the UAE’s economic output by $13.8 Billion by 2020. The ...

Sunaina Rana / EMIRATES BUSINESS Manufacturers, professionals and key decision makers from the Middle East paper, office supplies, and stationery market shared the stage, as the industry’s dedicated trade show opened on Tuesday with the largest exhibitor turnout in its six-year history. With 305 exhibitors from 36 countries spanning more than 5,000sqm at the Dubai International Convention and Exhibition Centre, ...

Abu Dhabi / Emirates Business The Masdar Institute of Science and Technology, an independent, research-driven graduate-level university focused on advanced energy, and sustainable technologies, on Tuesday announced that it will highlight its innovations and involvement in the aerospace, aviation, defense and space sectors at the upcoming Global Aerospace Summit 2016, hosted by Mubadala Development Company. Part of the Abu Dhabi ...

Dubai / Emirates Business Emirates Gas (EMGAS), a subsidiary of Emirates National Oil Company (ENOC), has achieved the ISO 22301 certification, a global benchmark that measures business preparedness in the face of disruptions. EMGAS is one of few companies in the oil and gas sector to be recognised for the adoption of international standards for Business Continuity Management and is ...

Dubai / Emirates Business Gulf Craft impressed crowds at the Dubai International Boat Show with the global unveiling of its latest innovations, including two luxury superyachts in its Majesty Yachts brand, and an oceangoing yacht from the Nomad Yachts series. The debuts were part of the Emirates-based shipyard’s impressive display of 14 bespoke yachts and boats – valued at approximately ...

Abu Dhabi / Emirates Business Abu Dhabi International Airport and Costa Coffee hosted a ceremony to inaugurate the global coffee chain’s 134th store in the UAE. The UK-based coffeehouse is the latest commercial food and beverage offering at Abu Dhabi International Airport. Daniel Cappell, Abu Dhabi Airports Acting Chief Commercial Officer, joined Costa Coffee UAE’s General Manager, Eric Hughes, and ...

Dubai / Emirates Business Facebook in the Middle East and North Africa announced on Tuesday key insights from a research that shows how consumers in MENA are making decisions during the Ramadan period, with mobile technology playing a key role. Like many things in our lives, Ramadan has been hugely influenced by the rise of new technology – especially mobile ...

Bloomberg Chevron Corp. is considering a sale of its geothermal assets in Asia as it seeks to counter a slump in energy markets, according to people familiar with the matter. The operations could fetch as much as $3 billion, said one of the people, who asked not to be named because the deliberations are private. Chevron, the largest USA oil ...

Frankfurt / AFP German unemployment remained at current historic lows in February despite a massive influx of refugees, as the recovery in Europe’s biggest economy remains on track, data showed on Tuesday. The unemployment rate — which measures the jobless total against the working population as a whole — stood at 6.2 percent in February, unchanged from January. In numerical ...

Bloomberg The pound jumped for a fourth day versus the euro, its longest run of gains since November, as investors questioned the extent of declines driven by concern over a possible British exit from the European Union. Sterling rose for a second day against the dollar. While Markit Economics said U.K. manufacturing expanded last month at the slowest pace in ...